Tag Archives: BANK

An unidentified man has sent a video message to the Bank of Ghana, declaring his intention to rob the institution and warning the Ghana Police and Soldiers to prepare for his arrival. The alarming video, which has since gone viral on social media, shows the man making daring threats as …

Samuel Okudzeto Ablakwa, Member of Parliament for North Tongu has disclosed having petitioned the World Bank over a project being rolled out by the Ministry of Communications and Digitalization. Ablakwa, last week, alleged through documents from the Public procurement Authority (PPA) that the sector minister, Ursula Owusu Ekuful, had handed a contract …

Millison Narh, a former Deputy Governor of the Bank of Ghana (BoG), has passed away in the United States after a brief illness, Myjoyonline.com reports. Mr. Narh retired from his position as Deputy Governor of the BoG in 2017, having served in the role since July 2009. During his tenure, …

Convicted William Ato Essien, the founder of the defunct Capital Bank has been given at least up to July 27 to redeem his first installment of GH¢20 million to the State. It has emerged in Court on Tuesday, July 4, that Mr Ato Essien has so far paid GH¢8 million of …

Absa Bank has filed a civil action against a former employee in the Commercial Division of the Accra High Court, seeking to recover GH¢4.9 million allegedly obtained through fraud. This was reported by Daily Graphic dated June 30, 2023. According to the report, the suspect whose name is given as …

The Bank of Ghana (BoG) has released a list of 97 unlicensed financial entities offering loan services through mobile apps to Ghanaians. In a release sighted by GhanaWeb, the BoG warned Ghanaians not to engage in business with these entities because of the risk of their information being stolen and used for criminal …

The former CEO of Ghana National Petroleum Corporation (GNPC), Tsatsu Tsikata, has reacted to the comments made by the World Bank Country Director in Ghana, Pierre Frank Laporte, stating that the World Bank gets it wrong in understanding Ghana’s national energy situation. The renowned legal practitioner, made these comments while speaking …

The World Bank is calling on the government to review some of the Power Purchase Agreements (PPAs) as part of the International Monetary Fund (IMF) bailout to revive the ailing economy. According to the bank, many of the PPAs that the government signed with Independent Power Producers (IPPs) are expensive. The Country …

The World Bank has moved $150m of the funds it has earmarked for Mozambique projects to help fund the Southern African nation’s efforts to recover from Cyclone Freddy. Freddy was one of the deadliest storms to hit the continent in the past two decades. It ripped through Malawi, Mozambique and …

The case of money spraying by a parliamentary aspirant has caught the eyes of the Ghana Police Service. They have announced that a team of experts are looking into the conduct of the National Democratic Congress (NDC) aspirant Juliana Kinnan Wassan during the May 13 primaries. The last time the …